Issue link: https://www.e-digitaleditions.com/i/54913
lenge, Water.org is a member of the Clinton Global Initiative (CGI); it was co-founded by Gary White and Matt Damon. Teams first compete at the region- al level, and they have the option of participating at any of the school's five locations. Winners from that round go on to New York City for an all-expense paid trip to the final round, which is co-hosted by CGI. Because so many teams wanted to enter the 2011 competition, the school added an online branch of the competition, open to all past, present, and future college and university students worldwide. The online winner, chosen by votes on YouTube as well as judges' input, joined other regional winners at the final event in New York City. DEADLINE: March RECENT WINNER: The 2010 com- petition benefited One Laptop Per Child (OLPC), which sells comput- ers to the governments of develop- ing nations, which then distribute the laptops to schoolchildren. But different countries, and different end users, have widely divergent needs for software and other com- puter applications. Therefore, the winning team in the 2010 competition proposed that OLPC open source its soft- ware and hardware and build an app store to create sustainable local marketplaces for affordable laptops and educational software. Mem- bers of the winning team included five students from Carnegie Mel- lon's Tepper School of Business in Pittsburgh, Pennsylvania: Sandy Parakilas, Ayshwarya Subrama- nian, Logan Powell, Rekha Bhatt, and Bharani Rajakumar. MORE INFORMATION: www. hultglobalcasechallenge.com Anirudh Vallabhaneni, on the left, and David Auerbach, right, talk about their plans for Sanergy, which won the University of Washington's 2011 competition. Global Social Entrepreneurship Competition SPONSORING SCHOOL: Foster School of Business, University of Washington, Seattle YEAR STARTED: 2005 PRIZES: US$38,500 in prize money, which includes a US$12,500 grand prize and a US$10,000 prize in information and communication technology. Another US$10,000 is awarded to the plan that best addresses health and healthcare in disadvantaged communities. ELIGIBILITY: Open to students enrolled at any academic institu- tion of higher learning worldwide. Multidisciplinary student teams are encouraged. HOW IT WORKS: Student teams must create an innovative social business plan that seeks to alleviate a problem of poverty in a develop- ing economy. Plans must clearly demonstrate social return on invest- ment (SROI), financial sustainability, and feasibility of implementation. Applications go through two rounds of review before semifinalists are selected and paired with mentors. Up to 15 teams of semifinalists travel to Seattle for GSEC Week in February, where they are exposed to global companies, leading research institu- tions, and representatives from the international development sector. DEADLINE: November RECENT WINNER: Sanergy, this year's grand prize winner, was co-founded by David Auerbach and Anirudh Vallabhaneni, both graduate students at MIT Sloan School of Management. They formed the company to address the lack of access to basic sanitation for 2.6 billion people worldwide. Currently focused on the slums of Kenya, Sanergy has plans to deploy low-cost, waterless toilets throughout the area using a micro- franchise model. Waste will be collected daily and transported to a processing facility for conversion to electricity and fertilizer. To learn more about Sanergy, follow their company blog at http://saner.gy/. MORE INFORMATION: www. foster.washington.edu/centers/gbc/ globalsocialentrepreneurship competition/Pages/GSEC.aspx BizEd May/June 2011 37